30-year fixed refinance rates

Find and compare the best 30-year fixed refinance rates from lenders in your area.

Refine results

Loan purpose

Are you a veteran?

Eligible for an FHA loan?

Had a foreclosure?

Filed bankruptcy?

Refine results
Sort by

NMLS#

from

INTEREST RATE

MO. PAYMENT

FEES

NMLS#

from

INTEREST RATE

MO. PAYMENT

FEES

NMLS#

from

INTEREST RATE

MO. PAYMENT

FEES

NMLS#

from

INTEREST RATE

MO. PAYMENT

FEES

NMLS#

from

INTEREST RATE

MO. PAYMENT

FEES

Mortgage rate trends (APR)

NerdWallet's mortgage rate insight
4.86%
30-year fixed

The average rate on a 30-year fixed-rate mortgage fell two basis points, the rate for the 15-year also fell two basis points and the 5/1 ARM was unchanged for the third straight day, according to a NerdWallet survey of daily mortgage rates published Friday by national lenders. The average rate on the 30-year fixed is 14 basis points higher than one week ago and 79 basis points higher than one year ago. A basis point is one one-hundredth of one percent.

Mortgage rates today (APR)

Loan typeAverage
rate
Change
1 day
Change
1 year
30-year fixed4.86%
0.02%
0.0%
15-year fixed4.39%
0.02%
0.0%
5/1 ARM4.86%
0.0%
0.0%
Data source: NerdWallet Mortgage Rate Index

30-Year Fixed Refinance Rates

Looking for a long-term mortgage with an unchanging rate for the life of the loan? NerdWallet’s mortgage rate tool can help you find competitive 30-year fixed mortgage rates for your refinance. Just enter some information about the type of loan you’re looking for (without dishing on personal details), and you’ll get a customized rate quote in minutes.

What is a 30-year fixed-rate mortgage?

A 30-year fixed-rate mortgage is a home loan that maintains the same interest rate and monthly payment over the 30-year loan period. The 30-year fixed-rate mortgage is the most common type of mortgage because it provides the security of a fixed payment and the flexibility to afford a larger mortgage loan.

When should you consider a 30-year fixed-rate mortgage?

With a 30-year fixed-rate mortgage, you’ll pay the same amount every month no matter what happens to interest rates or inflation. You’ll likely get a sizable tax deduction for the interest you pay, especially in the early years of the loan, when most of your payments go toward interest. However, if you don’t plan to stay put for several years, or if you want a lower rate, a 15-year mortgage or an adjustable rate mortgage may be a better home loan for you.

Should you refinance to a new, 30-year loan instead of keeping the same term?

The advantages of refinancing to a 30-year loan include being able to lock in a low refinance rate for such a long time, while freeing up your money to work for you in long-term investments. Also, locking in your rates for 30 years acts as a hedge against inflation, ensuring that your mortgage payment stays the same, even as house prices and rents go up over time. However, with a longer loan you’ll likely pay more interest over the cost of the loan. You should also consider how the end of the loan stacks up against your target retirement age.

Learn more about 30-Year fixed-rate loans: